President Donald Trump has chosen Chris Rocheleau to lead the Federal Aviation Administration on an interim basis.
January 31, 2025Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Trump Picks Chris Rocheleau for Interim FAA Chief
Exxon, Chevron Succumb to Oil-Refining Slump as Tariffs Loom
Profits for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.
January 31, 2025US Inflation Ticked Higher in December
WASHINGTON 鈥 An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated.
January 31, 2025Trump鈥檚 Potential Tariffs Are a Wild Card for US Economy
Tariffs that President Donald Trump plans to slap on imports from Canada and Mexico as soon as this weekend could drive up the price of聽 gasoline, pickup trucks, avocados and more.
January 31, 2025Costco Raises Pay for Top Hourly Workers to Over $30 an Hour
The company will raise hourly pay for employees at the top of its pay scale over the next three years, CEO Ron Vachris wrote in a memo to staff this week that was viewed by Bloomberg News.
January 31, 2025Panama鈥檚 President Rejects US Canal Negotiations
鈥淚t鈥檚 impossible, I can鈥檛 negotiate,鈥 Mulino said when asked about returning the canal to U.S. control. 鈥淭hat is done. The canal belongs to Panama.鈥
January 30, 2025Trump: Tariffs on Canada, Mexico Still Set to Begin Feb. 1
President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Feb. 1, but he鈥檚 still considering whether to include oil from those countries as part of his import taxes.
January 30, 2025Federal Drug Officials Authorize Testing for Fentanyl
The action clears a path for the Department of Transportation and other federal agencies to begin fentanyl testing for federally regulated occupations like truck drivers.
January 30, 2025Tesla Completes Wall, Roof Construction at Semi Factory
Tesla鈥檚 previously announced production timeline for the Semi remains on schedule, with the first tractors expected to be built by the end of the year and manufacturing ramping up in 2026.
January 30, 2025United Rentals Q4 Profit, Revenue Rise
The Stamford, Conn.-based company posted a 1.5% increase in Q4 net income to $689 million from $679 million. Revenue increased nearly 10%.
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